Group Management Report Products Safety and Health Environment Human Resources Social Commitment Consolidated Financial Statements 113
Notes 2019 2020
in € thousand
Dividends paid (50,113) (30,116)
Proceeds from issuance of long-term debt 23 3,924
Payments on short-term debt 23 (88,455) (69,819)
Cash flow from financing activities (134,644) (99,935)
Effect of exchange rate changes 2,054 (4,611)
Change in cash and cash equivalents 24,904 49,136
Cash and cash equivalents as of January 1 2 239,652 264,556
Cash and cash equivalents as of December 31 2 264,556 313,692
Additional information on cash flows included in
the cash flows from operating activities
Income taxes paid (86,590) (78,027)
Interest paid (3,621) (3,152)
Income taxes received 16,365 14,353
Interest received 10,390 1,228
Dividends received 809 782